Here are the price targets for Bitcoin, Solana, and Ethereum for 2025, according to Presto Research.
Presto Research provides a positive outlook for leading crypto assets such as Bitcoin, Solana and Ethereum, based on global liquidity forecasts.
After a busy year filled with many important milestones in the cryptocurrency space, many analysts are looking forward to 2025 With great optimism. Among them is presto research. Peter Chung, head of research at Presto, recently provided insight into the company’s cryptocurrency market outlook for 2025.
Are Bitcoin, Solana, and Ethereum Planning for Higher Prices?
The main question among cryptocurrency market participants at the start of the new year was whether the market would be able to maintain its momentum in 2024 and perhaps build on it. on CNBC Squawk box On December 31, Peter Chung seemed to think so, citing the company’s latest 2025 outlook report.
Bitcoin Zhong confirmed that the investment will rise to $210,000 in 2025 the Astonishment from CNBC Presenter Martin Song. He further added that the company expects Solana To go up to the $1000 price point. He pointed out at the same time Ethereum It is likely to make some headway against Bitcoin, as the ETH/BTC ratio is expected to recover to 0.05 from current levels of around 0.036.
Presto Research’s positive outlook for the cryptocurrency market in 2025 comes as the company expects global liquidity conditions to remain favorable. Chung highlighted this in a conversation with Nicholas Ferris, CIO of Vantage Point Asset Management CNBC displays.
He stressed that though Federal Reserve tightening guidance In December 2024, with smaller than expected interest rate cuts expected, the path remains focused on quantitative easing.
At the same time, he claimed that even if the Fed, for some reason, decided to halt interest rate cuts altogether, China’s easing efforts would prevail. He stressed that China represents nearly twice the global liquidity of the United States
Insight into research methodology presto
Focusing on specific price targets, Presto Research’s Chung revealed that the company based its Bitcoin price target on the ratio of market value to realized value (MVRV). This metric measures the difference between the market value of digital assets and the average value at which coins were last moved to determine extreme prices or peaks and troughs of the market.
Chung explains that Presto Research estimated the realized value of Bitcoin for 2025 and applied 3.5x growth based on the historical range to reach the $210,000 target.
As for Solana, the researcher explains that Presto Research expects the leading layer-one blockchain to reach Ethereum’s 2021 peak market cap of around $500 billion, leading to the company’s forecast of $1,000 per coin.
This estimate is based on growing institutional interest, development activity, and favorable supply outlook, says Chung.
While Chung failed to go into detail about Presto Research’s predictions for Ethereum on CNBC’s Squawk Box, the company’s publicly available report notes that the second-largest cryptocurrency by market cap is likely to gain momentum as developers address liquidity fragmentation and user experience concerns.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
https://thecryptobasic.com/wp-content/uploads/2024/12/TCB-001-2024-12-11T110719774.png